CCC 0.00% 0.1¢ continental coal limited

$30million cash coming conti's way, page-17

  1. 3,312 Posts.
    lightbulb Created with Sketch. 39
    why do you guys all say that the BEE are buying in for 30 million dollars?

    I dont see how BEE2 paying off a debt to CCC gives any indication of the terms of purchase of the 26% by BEE2 from BEE1.

    Correct me if I'm wrong but the only thing mentioned is that BEE2 will honor the debt in the short term and BEE1 will get a large share parcel as a 'golden handshake' from CCC.
 
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